Word: capitale
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Nissim Tse is ready for a fight. For the past five months, Tse, head of trading in Hong Kong for hedge fund RAB Capital, has been torturing his body in preparation for a charity boxing match against some of the city's other hedge-fund managers. The training is bruising...
The turmoil has some questioning not just hedge-fund performance of late, but also the industry's essential business model. Hedge funds employ a dizzying array of investment strategies, from reliance upon superstar managers who preside like Delphic oracles to the use of byzantine computer algorithms that pick out minute...
Post-Election Voices On the night before his death, Martin Luther King mesmerized a Memphis congregation with an address in which he said, "I may not get [to the mountaintop] with you, but I want you to know tonight that we as a people will get to the promised land...
On the night before his death, Martin Luther King Jr. mesmerized a Memphis, Tenn., congregation with an address in which he said, "I may not get there with you, but I want you to know tonight that we as a people will get to the promised land" [Nov. 17]. On...
For Somalia, it was just another long weekend of mayhem. Shortly after midnight on Friday, Nov. 7, pirates seized a Danish cargo ship in the Gulf of Aden; on Saturday night an aid worker was shot and killed as he walked home from evening prayers in a village 270 miles...